HBM4 Mass Production Timing Set; Csop Ftse Hk-Korea Tech+ Index Etf (03431.HK) Rises 2.92% Intraday

NewTimeSpace News: As of 9:46 on October 27, 2026, Csop Ftse Hk-Korea Tech+ Index Etf (03431.HK) rose 2.92% intraday to a latest price of HK$8.800, with a turnover of HK$1.76 million, a trading volume of 200,000 shares, and a turnover rate of 0.18%. Its current net asset value per unit is HK$8.6216, and its assets under management stand at HK$982.86 million.

NewTimeSpace understands that Csop Ftse Hk-Korea Tech+ Index Etf (03431.HK) is managed by CSOP Asset Management Limited, with the full name CSOP FTSE HK-Korea Tech+ Index ETF, and an investment objective of providing investment results that closely track the FTSE ETF Connect HK-Korea Tech+ Index (Net Total Return), before fees and expenses. The ETF primarily adopts a physical representative sampling strategy, investing 50% to 100% of net asset value in Index securities, and uses a synthetic representative sampling strategy as a supplementary approach, investing up to 50% of net asset value in financial derivative instruments such as funded total return swaps when considered beneficial. The manager may deviate from Index weightings, provided that any constituent's deviation does not exceed 3%. The Index is constructed under the HKEX ETF Connect framework and covers Hong Kong-listed technology stocks eligible for Stock Connect together with leading Korean technology stocks; by market capitalisation it selects up to 20 technology securities listed on the Stock Exchange of Hong Kong and 20 listed on the Korea Exchange, for 40 constituents in total, weighted by free-float adjusted market capitalisation. The caps on Hong Kong and Korean stocks are 65% and 35% respectively, individual constituent caps are 10% and 15%, and the Index is reviewed semi-annually. Its top ten constituents include SK Hynix, Samsung Electronics, MEITUAN-W, ALIBABA-W, SMIC, XIAOMI-W and TENCENT. As of October 26, the ETF had assets under management of HK$982.86 million, a net asset value per unit of HK$8.6216, and a board lot of 100 units.

On the news front, according to ZDNet Korea, Samsung Electronics and SK Hynix have set mass production and shipment of their 8-layer HBM4 for NVIDIA at around the second quarter of next year. An official of the Bank of Korea said on October 27 that, driven by the high-bandwidth memory production effect, chip output is expected to rise next year and prices to continue climbing, though at a slower pace.

Nomura believes that market concerns over the outlook for artificial intelligence investment are "overdone," that the shortage of memory chips will persist until 2028, and that memory sector valuations have entered a "severely undervalued" range. Its core argument rests on the data centre expansion trend: the broker estimates global new data centre capacity will grow about 41% next year, from 22.3 gigawatts this year to 31.5 gigawatts next year, and with AI capital expenditure still resilient and supply unlikely to expand effectively in the near term, it maintains a positive view on the memory industry.